Tag Archive | "Jyske Bank"

Borrow Low Despoit High in Japan


This may once again be the time to borrow low in Japan to invest high elsewhere.

See how this five year chart from www.finance.yahoo.com may mean money in the bank… a fortune actually.

Multi Currency Chart

Excerpts from a recent BBC article entitled “Japan’s economic growth rate revised down” helps explain why a new fortune may be in the making with the Japanese yen…

Here is the excerpt:  Japan’s economy grew by less than first estimated in the final quarter of 2009, revised figures have shown.  The Cabinet Office said the economy expanded by 0.9% between October and December of last year, down from its initial estimate of 1.1%.\

On an annualised basis, economic growth was 3.8% in the quarter, down from the initial estimate of 4.6%.

The downward revision in economic growth is likely to increase pressure on the Bank of Japan to ease monetary policy.

However, with interest rates already down to 0.1%, it does not have much room to move. This is bad for an economy as it tends to make consumers and businesses delay major purchases in the expectation that prices will fall further in the future.

A slowing Japanese economy is just one reason why it may now make sense to borrow Japanese yen to invest elsewhere.  Borrowing low and depositing high is called the Multi Currency Sandwich and this investing technique has been a phenomenal way to invest for over 20 years.

Since the end of the US dollar’s link to gold the fluctuations between currencies have created some of the world’s greatest (such as George Soros’) fortunes.

multi-currency-seminar

See below why at our International Investing and Business Seminars we have delegates come to our house for afternoon tea or lunch.  Here I am arriving at our house with Don Childs (our US Spanish instructor) and delegates during our last Mt. Dora seminar.

This personal touch in part is because one great, very exciting Multi Currency Sandwich that lasted nearly two decades has been to borrow Japanese yen at a very low interest rate and reinvest the loan in higher yielding currencies.

Back at the end of 1988, the yen hit dizzy heights in the 120 Yen per U.S Dollar range. Yen interest rates dropped into the low 4% range. This created a classic sandwich opportunity. The yen was a strong currency at an all time high with a low interest rate. This is the formula that Multi Currency investment sandwich investors always looks for.

Now, twenty years later the yen is again a strong currency and the interest rate has fallen as low as 1.375%!

I have been writing and publishing information about international investing for nearly forty years (since May 1968 to be exact). Fortunately I stumbled across and wrote about the Borrow Low-Deposit High Strategy at an early stage so the original readers of my report “Borrow Low Deposit High–How to Use the Multi Currency Investment Sandwich” have been able to borrow yen at low rates and redeposit the loans in other currencies at much higher rates (without forex loss) for over 20 years!

This is not a fast trading technique and in fact most positions are aimed with a five year horizon…pretty sleepy compared to people who trade currencies (an entirely different approach). Yet for most of us, slow and sleepy mean SAFE! However the Borrow Low Deposit High tactic can be really profitable.

How sleepy and safe?

Imagine this. Over the past 20 years, the cost of a Japanese yen loan has averaged about 2%. The US dollar interest rate has averaged 4% over this same period.  If one invested $100,000 in safe US dollar bonds or CDS held in huge, safe banks for this period and used this loan as collateral to borrow $400,000 worth of yen to reinvest in safe US dollar CDs or bonds, they have earned an average $12,000 a year and turned a safe 4% investment into a safe 12% investment. They added an extra $144,000 of income (on a $100,000 investment) over the 20 years!

Investing for 20 years in US dollar bonds or CDs is about as sleepy and safe as one can get.

Yet many smart Multi Currency Investment Sandwich investors have done much, much better.

How much better?

Take for example one year’s review of three Borrow Low Deposit High model portfolios we created and tracked.

In 2007 these portfolios rose:

Dollar Short +48.19%
Emerging Market +122.62%
Green 266.30%

Is this enough better?

Let me hasten to add that this type of performance is not guaranteed.   Do not ignore the fact that as sleepy and safe as Borrow Low-Deposit High can be that there can also be risks.  Had we invested in these same portfolios above in 2008, they would have lost a lot of money. Here is how they performed in a bad year.

Dollar Short Portfolio -35.21%
Green Portfolio -56.08%
Emerging Market -73.79%

The price for extra performance in leverage is added volatility and risk.

Yet we saw in yesterday’s message that one portfolio in 2009 used Borrow Low tactics to invest mainly in bonds and earned 66% profit in just nine months!

Tracking these portfolios for many years has taught us some valuable lessons.

For example catch areas of likely growth where a borrowed currency is hedged to the invested currency.

For example we watched Eastern European markets enjoy great growth at a time when the Swiss franc was loosely linked to the Eastern European currencies.

In that year, the Jyske Invest Eastern European Equity Fund rose from $51,000 to $76,138, a return of nearly 50%.

Had you leveraged this loan two times with a 2.75% Swiss franc loan, the return on a $50,000 investment would have been over $225,000 in one year.

The Czech koruna was also loosely linked to the other Eastern European currencies.

The Jyske Fund above performed really well over five years, up from 110 euro to 500 euro since 2001. That was an increase of 3.54 times. If you had invested $100,000 and borrowed $200,000 more in Czech koruna at 3.75% and invested in this fund for the past five years the initial $100,000 would now be worth over a million dollars! Your loan costs would be $37,500. Your profit on $100,000 after interest would be $1,024,500 on $100,000 of cash invested.

Plus because of the loose link, your currency risk would have been reduced. How much better can we ask than that?

Now two golden Borrow Low Deposit High opportunities may be on the horizon.  Japanese yen loans invested in China and Swiss franc loans invested in Russia.

Multi Currency Chart

Japanese yen loans have been one of my favorite money making vehicles for over 20 years. I first borrowed yen at 111 around 1988.  Then  the yen strengthened (bad news for a borrower) to 79!    My paper losses looked formidable, yet I held on and watched the yen tumble all the way to 146 yen per dollar (shown in chart above) by 2002.  I exited and my forex profits were huge… plus I had been earning the positive carry (difference between the loan cost and investment return) for all the years I held the loan.

Please let me repeat. The formula that Multi Currency investment sandwich investors always considers is a strong currency at an all time high with a low interest rate.

The yen is almost there… too strong versus the US dollar in the perfect position to borrow!  Plus because the Chinese yuan is likely to rise versus the US dollar, the yuan is likely to rise versus the yen as well… which makes the idea of investments in China financed with yen loans especially strong now.

However before you make these investments, please let me remind you of several important lessons about risk we have learned in the past two decades of making and tracking Multi Currency Sandwich portfolios.  The longer you can hold a position the less likely you are to lose.

One lesson for example is that many portfolios that lost short term became profitable if held for the year. The lesson is that when a properly constructed portfolio is leveraged and diversified, it can be safe and profitable regardless of the underlying idea, if an investor sticks to his beliefs and does not panic during short term drops.

We also learned that past performance is no guarantee of future profits. The profitability of the portfolios changed dramatically based on varying entry and exit points! This reminded us that such high performance may not materialize for all and that we must plan our profit and loss potential.

These and other important lessons, plus the upcoming Japanese yen potential are why I am updating my report Borrow Low Deposit High. This report teaches how to Borrow Low & Deposit High and helps you learn the risk as well as the potential rewards.

This is also why we maintain close contact with Jyske Bank, Denmark’s second largest bank. Denmark is rated by Standard & Poor’s as the safest country in the world to bank in. Jyske Bank is the only bank we know that specializes in the Borrow Low Deposit High strategy. Jyske Bank is also one of the leading currency traders in the world. Unlike most banks (that trade only eight hours a day) Jyske maintains a 24 hour trading service. They have been our bank for over twenty years and help us stay informed about global equity markets, plus global currency parity and interest rate trends so we can learn from portfolios that are real time. What you learn from is actually happening as our service unfolds.

More importantly Jyske Bank provides a stable and safe institution for those who wish to employee a Borrow Low-Deposit High strategy based on what they learn.

Our emailed Borrow Low-Deposit High report can help you learn how to expand your profits with up to 400% loans just as our reports have helped thousands of readers do over the past twenty years.

You can learn why this profit is available in my new updated “Borrow Low-Deposit High–How to Use the Multi Currency Investment Sandwich” emailed report. This email report explains everything you need to know about how to create and invest in the Multi Currency Investment Sandwich.  (See details below.)

Tens of thousands of readers have purchased this report, and several updates, since it was first published in the 1980s. You however can have the most up to date edition at a $30 savings.

I am updating Borrow Low-Deposit High now. When the new update is complete it will be offered at $79.

This report will include ideas on were to invest in China and Russia (both neighbors of Japan)  now.

Finding the right Chinese investment requires care.  Take the WisdomTree Dreyfus Chinese Yuan Fund (Trading symbol CYB) as an example. This fund seeks to achieve total returns reflective of both money market rates in China available to foreign investors and changes in value of the Chinese Yuan relative to the U.S. dollar.

The fund invests in very short-term, investment grade instruments, so has a very low yield. However its yield since inception is 2.26% so this fund might pay the cost of the loan.

However the ideal is to borrow low-invest high, not borrow low-invest low… so we’ll be looking at Chinese investments with higher yield potential in the report.

You do not have to wait and miss this yen opportunity, buy our report “Borrow Low-Deposit High” for $49.  I will email it to you immediately… plus when the new update is complete, I’ll email that to you also… FREE.

The report helps you see why and where to invest and learn why and how currencies and interest rates rise and or fall.

Finally, as always you are protected by our 30 day completely satisfied or your money back guarantee

Borrow Low Deposit High – How to Use the Multi Currency Investment Sandwich… click here to get this emailed report for only $49.

Gary

Save $100 more. There is another important benefit you gain when you order my emailed report “Borrow Low-Deposit High”.  You can save $100 at the next Jyske seminar where I review this tactic.

Share strategies with me in California and Save.

I speak at the Jyske Global Asset Management’s April 30 – May 2 Foreign Exchange Investment Seminar in Laguna Beach, California.

The normal seminar fee is$499 or $750 for two.

However Jyske is providing the same discount to our premium subscribers (including those who order Borrow Low – Deposit High) as to their clients… $399 single and $599 for a couple.  You save $100…even though the emailed report “Borrow Low Deposit High” is only $49.

Order “Borrow Low-Deposit High – How to Use the Multi Currency Investment Sandwich”… click here to get this emailed report for only $49. Save $100 on JGAM’s California seminar.

See more on the JGAM California seminar here.

If you have questions about Jyske’s seminars contact Thomas Fischer of JGAM at fischer@jgam.com

See other ways to fight inflation here.

Read the entire article Japan’s economic growth rate revised down

Diversified International Portfolio


See an interesting diversified international portfolio strategy below.

There are several ways to beat the inevitable inflation we’ll see in the years ahead.

#1: Move to a country or place with a lower cost basis… like Ecuador or Smalltown USA.

#2: Learn how to earn extra income… and have fun in the process.

#3: Learn how to invest more wisely.

Merri and I use  all three of these tactics and in a moment we’ll share some  export income thoughts.

First here is an excerpt that looks at ways to invest more wisely from the latest message at my multi currency site:

One benefit of my business is getting to meet with and enjoy sharing ideas with numerous, very smart, investors. I consult with several of these investors on a regular basis.

jyske-bank

Meeting with two of my Danish advisers. Sharing global investment information is fun and of great value.

Some of these very smart people are my consultants.

Because the circumstances of these investors differs from Merri’s and mine, their portfolios also differ from mine…  so I study their philosophies a lot… to understand their worldviews…  to know the investments they make… to see how they manage risk in today’s every changing world… and to look for ways to incorporate their thinking into mine.

Here is a study of the strategy of one of the advisers I have worked with for over 20 years. This strategy is similar to mine… in three ways:

Strategy Element #1: High Diversification.

Strategy Element #2: Major focus on bonds.

Strategy Element #3: Low focus on equities and equities held are in high growth areas.

Here is a glimpse of this strategy.

A minimum of  85% of the portfolio is invested bonds and bond funds.

A minimum one third of the bonds are in investment grade bonds.   A maximum of one third are in corporate bonds with lower ratings (mostly below investment grade).

A maximum of 15% of the portfolio is invested in equities.

These equities are invested in

Sector #1: Energy.

Sector #2: Alternate Energy.

Sector #3: Natural Resources.

Sector #4: Water Supplies.

Sector #5:  Mineral Water.

Risk Aversion.

For diversification, there is a spread in as many bonds and equities as is possible to minimize the risk.

Leverage.

The portfolio is leveraged one time.  In other words for every hundred thousand of investment, another hundred thousand is borrowed and the loan invested.

Performance:

During the period September 2008 – April 2009, this portfolio went down more than 60%. Several banks used by the manager panicked and forced the sale of some investments that the manager (correctly) wanted to hold.

The manger sold some securities to lower the leverage at that time.

From April 2009 through December 2009 the portfolio rose 66%.

It has risen 4.3%  in the first 70 days of 2010 but is still well below its highest level in December 2007.

The losses in 2008 reduced the five year performance to a total 28% (appx. 5.5% per annum).

Sub Strategies.

Sub Strategy #1: Take advantage of the bond market and treat bonds like equities.

The manager says: The bond market was out of control from October 2008 through April 2009.  Many bonds were not able to be sold at all.   This was a perfect time to invest in bonds because until to-day only one bond has been settled with a real loss – and paid back only 13 cents on the dollar.   This loser was Mecachrome.

Five bonds are still not cleared:  Turanamel – NXP – Titan – Cordere – General Motors.

I think that the final losses of these bonds will be around 60% of the paid price and 0% interest for the period held.

Strategy #2:  Average down on losing bonds.

He added: In March 2009 we doubled up on nine of our ten worst performing bonds.  General Motors bonds are the only bonds we did not purchase further.

NXP came up with an offer of 32 cents on the dollar.  We instantly bought two times the value the existing NXP bonds represented in our portfolio.   Today the bonds are selling at 95 cents on the dollar.

This bond appreciation was one of the reason for our high performance in 2009. This and the fact that we had belief in this strategy (and maintained our positions).

There was an article at this time about the very bad performing corporate bonds.  This article showed that yileds were so high on these speculative grade bonds, even if half of them went bankrupt – the yield would still be higher than in government Bonds.  This article  were correct!

I bought Subordinated Capital Bonds in Den Danske Bank (Perpetual) quoted in GBP (British pounds) at 40 cents on the dollar in August 2009.  Today the price is over 80 cents on the dollar.

The effective interest at time of purchase was over 26%.

You can learn Sub Strategy #3 to Invest in growth equities and which markets this manager focuses on as a Multi Currency Subscriber.

You can learn more about investing strategies from Jyske Bank and Jyske Global Asset management as well.

Jyske-bank

I have introduced thousands of investors to Jyske over the years and continue to do so.  Here is a recent introduction, Jean Marie Butterlin from France,  who just moved to Cotacachi and will who conduct our shamanic tours… meeting in Quito with Peter Laub of Jyske Global Asset Management Copenhagen.

Share strategies with me on California.

Join Merri and me when I speak at Jyske Global Asset Management’s April 30 – May 2 Foreign Exchange Investment Seminar in Laguna Beach California.

The normal seminar fee is$499 or $750 for two.

However Jyske is providing the same discount to our premium subscribers (you) as to their clients… $399 single and $599 for a couple.

See more on the JGAM California seminar here.

There is a benefit beyond the important investing information you gain when attending the JGAM California seminar.

Every second year Jyske Bank conducts a global investing seminar in Copenhagen.  This is without question one of the most powerful investing seminars you can attend at any time.

Those who attend JGAM’s April/May California Foreign Exchange Seminar can apply the California enrollment fee as a credit towards the Copenhagen seminar fee.

See more on the Copenhagen seminar at Speakers and seminar packages JGAM

If you have questions about Jyske’s seminars contact Thomas Fischer of JGAM at fischer@jgam.com

Ecuador Export Strategy

One of the most powerful economic forces of the past century that will be with us for quite some time is the expansion of the global economy.

Participating in this expansion can be fun, fulfilling and profitable.  Creating any type of cross border business activity… in ideas, products or services… is a type export business.

This is a way to earn income as well as help the world… people engaged in enriching their lives do not have time to fight!

At our recent Super Thinking, Plus Spanish Course…. we included an Ecuador export table set up by Bonnie Keough, our export tour leader.

ecuador-spanish

Here is delegate Barbara Humphrey taking a look.

ecuador-spanish

She found some jewelry she liked!

Bonnie provides a perfect example of the benefits of earning through exports.  She enjoys extra income… loves having a chance to travel to new interesting countries and has found that she as a niche market at markets set up by the Cultural Survival Organization.

Her exports help create employment for poor people in Ecuador and…

ecuador-exports

included jewelry…

ecuador-exports

handmade soaps and…

ecuador-exports

food supplements.

Whether you goal is to reduce your cost of living… increase your income… enhance the return on your investments or all, having an international view increases your choices… enhances your opportunity and does the world good.

Gary

Learn how to gain earning freedom with Ecuador exports.

Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Mid Coast Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito & Mindo Real Estate Tour ($499 or couple $749)

Learn how to export Ecuador flowers and much more.

Learn more about Ecuador Roses here

Ecuador-christmas-roses

Learn how Fedex delivers Ecuador Easter lilies to your home.

ecuador-floral-information

Learn more about our May 9-12, 2010 Cotacachi Super Thinking Plus Spanish course here.

May 9-12       Super Thinking + Spanish Course, Cotacachi Ecuador

May  13-14    Ecuador Shamanic Mingo

May  16-17    Imbabura Real Estate Tour

May  19-20    Coastal Real Estate Tour

May  22-23    Quito Real Estate Tour

May  25-26    Cuenca Real Estate Tour

You enjoy discounts by attending multiple seminars and tours.

Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Here is the balance of our 2010 schedule.

June 24       Quantum Wealth North Carolina

June 25-27    International Investing and Business North Carolina

June 28-29    Ecuador Travel & Andes

June 30-Jul 1 Imbabura Real Estate Tour

2010 Summer Schedule

July 3-4      Coastal Real Estate Tour
July 6-7      Quito Real Estate Tour
July 9-10     Cuenca Real Estate Tour

Sept.   3-6   Ecuador Export Tour
Sept.   8-9   Imbabura Real Estate Tour
Sept. 11-12   Coastal Real Estate Tour
Sept. 14-15   Cuenca Real Estate Tour
Sept. 17-18   Ecuador Shamanic Mingo

Oct.    7     Quantum Wealth North Carolina
Oct.   8-10   International Investing & Business North Carolina
Oct.   11-12  Travel to Quito and Andean Tour
Oct.  13-14   Imbabura Real Estate Tour
Oct.  16-17   Coastal Real Estate Tour
Oct.  19-20   Quito Real Estate Tour
Oct. 22-23    Cuenca Real Estate Tour

Nov.    4-7   Super Thinking + Spanish Course Florida
Nov.    8-9   Travel to Quito and Andean Tour
Nov. 10-11    Imbabura Real Estate Tour
Nov. 13-14    Coastal Real Estate Tour
Nov. 16-17    Quito Real Estate
Nov. 19-20    Cuenca Real Estate Tour

Dec.   3-5    Ecuador Shamanic Mingo
Dec.   7-8    Imbabura Real Estate Tour
Dec.  10-11   Coastal Real Estate Tour
Dec. 13-14    Quito Real Estate Tour
Dec. 16-17    Cuenca Real Estate Tour

Jyske Foreign Exchange Seminar


Jyske Global Asset Management’s upcoming foreign exchange seminar is important because one of the biggest challenges we face, as investors, is foreign exchange.

jyske-bank

At the time when we need more overseas expertise most overseas banks have abandoned US investors… due to the complications the US government has thrown in the way of banks.

Since I have worked with and personally used Jyske Bank for around 25 years I am most thankful that Jyske was one of the few overseas banks that went to the trouble of creating a subsidiary (Jyske Global Asset Management – JGAM) that can serve US investors.

Having this overseas experience has grown in importance because multi currency investing now requires more than just investing in various currencies.

Jyske-bank

I have introduced thousands of investors to Jyske over the years and continue to do so.  Here is a recent introduction, Jean Marie Butterlin from France,  who just moved to Cotacachi and will who conduct our shamanic tours… meeting in Quito with Peter Laub of Jyske Global Asset Management Copenhagen.

In the 1970s-80s choosing a strong currency was easy. The US government was conducting a “Guns and Butter” policy that cost more than the government’s income.

This was bad on the dollar’s value and this deficit spending caused the US dollar to fall versus industrialized currencies where governments (especially Germany and Japan) were more fiscally prudent.

Then the prudent governments learned deficit spending as well…Germany to finance the buy back of East Germany….Japan to bail out an economic meltdown. Other (most in fact) governments hopped on the deficit spending band wagon as well.  Plus the euro was invented… a real mess… as the investing world is seeing now.

So today we face the loss of purchasing power of many currencies, all over the world, all at the same time.

Investing in the playground of currencies is like trying to choose the rising end of the teeter totter, when all the teeter totters are going down a slide.

Since the yen is up and the euro low, for the moment.  I am still betting on the dollar’s fall… especially since I can borrow dollars at 1.75% and invest in other currencies that earn 4.5% to 6%.

jyske-bank

Recently Thomas Fischer Senior VP of JGAM and my account manger Anders Nielsen visited Merri and me at our home near Mt. Dora, Florida.

We reviewed my foreign exchange tactic which has been and remains to invest in a spread of European (non euro) and emerging currencies that pay a higher yield that the US dollar.   Plus we are  buying good value real estate.

I am currently not leveraged much (about 5% of my portfolio) but am looking at shifting my loan from dollar to yen.

My portfolio is aimed at fighting inflation and US and Ecuador real estate is a part of my armory.

You can see  my personal currency breakdown as a Multi Currency Investing subscriber

I will review my portfolio and look at the latest ways to fight inflation and take advantage of foreign exchange loans at JGAM’s April-May Foreign Exchange  Seminar in Laguna Beach, California.

There are two important additions that have been added to this seminar.

First, JGAM has finished preparations so they can offer a new Foreign Exchange Managed Portfolio. They will introduce this portfolio and present this product for the first time in Laguna Beach.

JGAM will offer this Managed FX Portfolio to clients with a risk profile of medium risk and higher.

Jyske-bank

Thomas and Anders are on the new investment committee that will manage JGAM’s foreign exchange portfolio.

Medium risk investors can have 100% leverage, high risk,  200% leverage and speculative investors 400% leverage with a minimum of $100,000.

This portfolio will be managed by an investment committee that includes… JGAM, senior VP Thomas Fischer, a former currency trader, plus my account manager Anders Nielsen along with Bente Larnkaer and Henrik Tjott.

The portfolio will take positions in different currency pairs using stop losses to limit downside risk.  Profits will be protected by trailing stop losses that protect positions.

The portfolio is founded on strategic positions rather than shorter term day trading and the committee regulates leverage depending on their view and confidence any any one position. Any single position in a currency pair cannot exceed 25% of the overall position.

This first addition is important because Jyske Bank’s Jyske Markets is one of the most active currency traders in the world. JGAM is independent and has access to Jyske Market’s great knowledge and trading facilities as well as other major trading firms.

About Jyske Markets

Jyske Markets is the financial trading center of the Jyske Bank Group, trading, equities, bonds, foreign exchange, commodities and providing macro economic analyses.  Forex trading is run from Jyske’s global trading hub in Silkeborg, Denmark on a 24 hour trading basis. They trade over $50 billion a day.

Recently Jyske Markets added Front Arena, IT systems by SunGard that provide  global solutions for position control across multiple asset classes and business lines. This extension provides Jyske’s 24-hour foreign exchange spot trading desk with real-time positions, P&L and risk management.

Front Arena helps Jyske manage its positions and risk for a wide variety of FX instruments through the provision of a single platform for all its trading activity. This helps Jyske ensure that it has transparency, and helps reduce the risks that can occur when operating more than one system. Jyske went live on the system on the 29th November, 2009 with the FX trading capabilities added to the bank’s use of Front Arena for interest rates, fixed income and equity trading.

SunGard’s Front Arena helps customers to build a true cross-asset class platform – extending from low volume exotic transactions all the way through to the high volume dealing activities of the FX and cash equity markets, including exchange connectivity and order management.

Second, delegates participating in Laguna Beach can deduct the fee from the cost of Jyske’s full blown International Investment seminar in Copenhagen this August.   This will be a real seminar and I have learned that Bjorn Lomborg, author of “The Sceptical Environmentalist. has now been confirmed as one of the speakers.

I have spoken at seminars with Bjorn before and his excellent insights into green investments should be required reading for all investors in the environmentally sensitive era.

You can get full details about JGAM’s April 30 t May 2 Foreign Exchange seminar in Laguna Beach from Thomas Fischer at fischer@jgam.com

I hope to meet you in Laguna Beach!

Gary

Or meet Merri and me this Thursday in Mt Dora. We have three spaces left for March 11-14 Super Thinking + Spanish Course, Mt. Dora, Fl.

Learn Spanish in four days as you increase your intelligence.  Join Merri and me in Mt. Dora this week!

Then join our Ecuador Living team and  travel to Quito March 15, 2010.

March 16 Travel Quito to Cotacachi

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.

You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $3,500.

If you join the International Club, the entrance fee for 2010 is $3,500.  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $3,500 Enroll here

International Club Three Monthly Payments of $1,190

Our Spring 2010 schedule starts April. 12-15 with our Ecuador Export Expedition Tour ($499 or couple $749)

Here are clay figurines that you will see on the Ecuador export tour.

Ecuador-exports-clay-jewels

These clay necklaces at the gallery are great models for Ecuador exports as well.

Ecuador-exports-clay-necklace

Stay on and look at Ecuador real estate opportunity.

Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Mid Coast Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito & Mindo Real Estate Tour ($499 or couple $749)

Here is the balance of our 2010 schedule.

May 9-12       Super Thinking + Spanish Course, Cotacachi Ecuador
May  13-14    Ecuador Shamanic Mingo
May  16-17    Imbabura Real Estate Tour
May  19-20    Coastal Real Estate Tour
May  22-23    Quito Real Estate Tour
May  25-26    Cuenca Real Estate Tour

June 24       Quantum Wealth North Carolina
June 25-27    International Investing and Business North Carolina
June 28-29    Ecuador Travel & Andes=
June 30-Jul 1 Imbabura Real Estate Tour
July 3-4      Coastal Real Estate Tour
July 6-7      Quito Real Estate Tour
July 9-10     Cuenca Real Estate Tour

Sept.   3-6   Ecuador Export Tour
Sept.   8-9   Imbabura Real Estate Tour
Sept. 11-12   Coastal Real Estate Tour
Sept. 14-15   Cuenca Real Estate Tour
Sept. 17-18   Ecuador Shamanic Mingo

Oct.    7     Quantum Wealth North Carolina
Oct.   8-10   International Investing & Business North Carolina
Oct.   11-12  Travel to Quito and Andean Tour
Oct.  13-14   Imbabura Real Estate Tour
Oct.  16-17   Coastal Real Estate Tour
Oct.  19-20   Quito Real Estate Tour
Oct. 22-23    Cuenca Real Estate Tour

Nov.    4-7   Super Thinking + Spanish Course Florida
Nov.    8-9   Travel to Quito and Andean Tour
Nov. 10-11    Imbabura Real Estate Tour
Nov. 13-14    Coastal Real Estate Tour
Nov. 16-17    Quito Real Estate
Nov. 19-20    Cuenca Real Estate Tour

Dec.   3-5    Ecuador Shamanic Mingo
Dec.   7-8    Imbabura Real Estate Tour
Dec.  10-11   Coastal Real Estate Tour
Dec. 13-14    Quito Real Estate Tour
Dec. 16-17    Cuenca Real Estate Tour

Ecuador Investments


The excerpt below is from a recent password protected multi currency message that shares ideas about Ecuador investments.

Beginning of excerpt.

A reader asked:  Gary—Does the fact that Ecuador real estate is also dollar based have anything to do with your current sales of your Ecuador real estate?

And what would be the prospects or recommendations for an individual to buy Ecuador real estate in the future if their portfolio is already “heavy” in
USA real estate?

Reply.

My taking profits on Ecuador real estate has nothing to do with the fact that Ecuador real estate is denominated in US dollars.

I view real estate as a currency and look beyond the currency. I expect real estate to  strengthen against any currency with inflation… so the denomination of the currency is not all that important.

There are times when a currency’s purchasing power drops so fast that real estate does not keep up. This is rare… and during the lag, there is a really good time to buy real estate.

An example was the melt down of Ecuador’s currency in 2000. The sucre fell from 12,000 sucre per US dollar to 25,000 in just a couple of weeks.  Real estate prices did not double anywhere as fast.

I was buying Ecuador real estate heavily then, which is one reason I am selling now as you will see below.

Normally real estate to me is just a view of another currency.

I am heavily weighted in real estate in Ecuador, Florida, Georgia and North Carolina right now for three reasons.

First, I see real estate as a better bet than most currencies at this time. The economic downturn of 2007 and 2008 lowered real estate prices… creating good value.  The stock market recovered and has not been such a good value… though it may be correcting now.   The real estate market has not recovered to such an extent.

An excerpt from the January 23 article in the Economist entitled  “Still in the Cellar Small signs of recovery cannot shift the general gloom” confirms this fact when it says:

WHEN American house prices finally started rising in June last year, ending a three-year decline, homeowners and economists rejoiced. The steep plunge in values, about 33% nationally from peak to trough, caused widespread damage in the American economy and abroad. The stabilisation of prices turned out to be a precursor to broader economic recovery.

Since bottoming out between May and June, prices have ticked upwards every month, while sales have risen from their recession lows. And yet gloom persists. The pace of foreclosures has not abated, and there has been no improvement in employment in residential construction.

Worse still, the momentum now seems to be ebbing.  Mortgage applications for purchases fell sharply in November, to their lowest level since 1997. Confidence among home-builders declined in November for a second consecutive month. And figures released on January 20th showed that new housing construction, which recovered from the record lows of early 2009 to plateau late last year, fell by 4% between November and December. The fear is that prices will soon start to fall again, touching off another round of pain for homeowners, workers and banks.

Read the entire article at The Housing Market

Second,  Merri and I have a lot of experience in buying and fixing up real estate and use this experience and our imagination to enhance the value of what we buy.   We truly enjoy that process and often don’t enjoy holding, using and/or renting.

I have written about our buying and selling on numerous occasions.  See more about this at Ecuador Real Estate & Imagination.

I buy and sell real estate in areas that enhance our lifestyle and where we see a bargain. We are continually churning our real estate portfolio.  Three years ago I sold seven condos I bought in Cotacachi while I was buying other condos on the Ecuador beach.

That did not mean I did not like the condos in Cotacachi or did not like Cotacachi any more.  In fact the next year and I bought an office building in Cotacachi and converted that to condos.

We do not keep real estate that we are not using for long.  We buy special properties with a problem… fix the problem… keep the property long enough to have a capital gain instead of income and take a profit.

In 2005, while I was buying real estate in Ecuador I was also buying condos in Naples, Florida.  We lived in the condos part time and sold them in early 2007 (luckily at the top of the market)…  and as the Florida market tumbled we began waiting and watching for more Florida bargains.

Third, this last year we have had special reasons (our grandson and the Florida RE crash being two of them) to focus on real estate in Florida… but we remain well diversified at the same time.   We are especially putting extensive capital into building our Ecuadorian publishing and tour organization.  We doubled the number of tours we conducted in 2009 and this year we have doubled them again.

Two years ago we did 12 Ecuador tours. This year we’ll do nearly 50.

Now Merri is researching Oregon coastal real estate… looking for bargains… not because the Oregon Coast is better than Florida, North Carolina or Ecuador… but because our next two grandchildren are three and one years old.   Thoughts of spending time with them in a few years is enough to draw our attention there now.  Also, my sister and her husband have craved a property on the Oregon coast and it looks as if we will have to find it for them.

Diversifying currencies is important and being concerned about the fate of the US dollar vital… but there is more than to a bottom line than percentage points and statistics.

End of Multi Currency excerpt.

You can read this entire article with a multi currency subscription.

Sadly at this time when American investors need more multi currency investments and a better global view, overseas banks are increasingly restricted from helping US investors.  This increase in regulations has created so many more regulations on banks that numbers of overseas banks who have the ability to help honest Americans have stopped accepting all US investors.

Yet at this crucial time when the US dollar has great fundamental weakness, US banks have little experience in helping any of us invest in other currencies.

This means there will be an increase in the number of Americans who develop multi currency portfolios and global businesses.

Jyske Bank has stayed with us Yanks and formed Jyske Global Asset Management. They spent millions creating a system that can give US investors a full currency and global investment service in the US, Ecuador or wherever they live.  This is why I will  be speaking at Jyske Global Asset Managers forex seminar in Laguna Beach this April . See details here.

Real estate, if you like investing in it, can be one of your hard currencies along with your own business and gold.  Real estate is a commodity always needed that will fight inflation and can add other forms of richness to our lives as well.

Gary

Join Merri and me or our Ecuador Living staff in March 2010

March 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.

March 15    Travel to Quito

March 16 Travel Quito Cotacachi

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.

You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $3,500.

If you join the International Club, the entrance fee for 2010 is $3,500.  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $3,500 Enroll here

International Club Three Monthly Payments of $1,190

Our Spring 2010 schedule starts:

Apr. 12-15   Ecuador Export Tour ($499 or couple $749)
Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Mid Coast Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito & Mindo Real Estate Tour ($499 or couple $749)

Apr. 26-27  Cuenca Real Estate Tour ($499 or couple $749)

The multi tour discounts remain effective for the April tours.

Dollar Downside & Ecuador


Yesterday’s message Multi Currency Risk explains why the US dollar’s downside is one reason to be in Ecuador.

An excerpt  New York Times article “Huge Deficits May Alter U.S. Politics and Global Power” by David  E. Sanger explains why:

In a federal budget filled with mind-boggling statistics, two numbers stand out as particularly stunning, for the way they may change American politics and American power.

The first is the projected deficit in the coming year, nearly 11 percent of the country’s entire economic output. That is not unprecedented: During the Civil War, World War I and World War II, the United States ran soaring deficits, but usually with the expectation that they would come back down once peace was restored and war spending abated.

But the second number, buried deeper in the budget’s projections, is the one that really commands attention: By President Obama’s own optimistic projections, American deficits will not return to what are widely considered sustainable levels over the next 10 years. In fact, in 2019 and 2020 — years after Mr. Obama has left the political scene, even if he serves two terms — they start rising again sharply, to more than 5 percent of gross domestic product. His budget draws a picture of a nation that like many American homeowners simply cannot get above water.

For Mr. Obama and his successors, the effect of those projections is clear: Unless miraculous growth, or miraculous political compromises, creates some unforeseen change over the next decade, there is virtually no room for new domestic initiatives for Mr. Obama or his successors. Beyond that lies the possibility that the United States could begin to suffer the same disease that has afflicted Japan over the past decade. As debt grew more rapidly than income, that country’s influence around the world eroded.

Yesterday’s message Multi Currency Risk shows how government spending everywhere threatens the financial system.

In the past the spending power from US… the biggest economy in the world… has been the engine that pulled global expansion along.

This may change.  Americans spent too much on the wrong things and… worst of all… taught the rest of the world to do so as well.

Overwhelming government debt worldwide puts the global currency system at risk. This suggests that America may stop being such a contributing factor to the social and economic evolution as we have known it.

The shifts in lifestyle that come from this shift lead many Americans to move abroad to simpler places… with lower cost lifestyles… like Ecuador.

One can look at all the bad possibilities that could develop in Latin America.  Yet there are plenty of potential bad scenarios for North America as well.

Whichever choice you make… to remain where you live… or head south… or east… west or north (don’t forget that Bobby Fisher chose Iceland)  expect change… inflation… a falling US dollar and global currency instability.

The charts from finance.yahoo.com show the currency instability graphically.

Here is the US dollar rising once again versus the euro.

multi-currency-chart

The charts for the other euro currencies, including the Swiss franc show the same trend.

This pattern is illogical if one looks at the long term fundamentals, but the investment community has used the government induced liquidity to leverage investments. Now as worries return in the market those who are short the US dollar are selling other currencies to cover positions. This is pushing the dollar up.

We see the same short term move in Latin America with the dollar rising versus the Brazilian real and…

multi-currency-chart

in Asia where the dollar is up against the Singapore dollar as well.

multi-currency-chart

The dollar currencies, Canada (chart below) Australia and New Zealand have also lost ground to the greenback.

multi-currency-chart

The only currency with strength versus the US dollar remains the Japanese yen.

multi-currency-chart

This who have borrowed yen are hurt the most.

Dollar borrowers  (me included) have lost short term and the most profitable loans in the short term have been in the Swiss franc and euro.

This global volatility rewrites the old rules. In the last world, I would keep my US dollar loan and ride though these up and downs staying short of the buck and stick to just a long term view.

No more!

As mentioned yesterday I set a stop loss and when it was reached took my loss. My leverage loan is in euro now.

The altered state of global currencies forces us to trade short term… at least a bit.

Sadly at this time when American investors need more multi currency investments and a better global view, overseas banks are increasingly restricted from helping US investors.  Increased regulations have created so many regulations on banks that increasing numbers of overseas banks who have the ability to help honest Americans have stopped accepting all US investors.

Yet at this crucial time when the US dollar has great fundamental weakness, US banks have little experience in helping its clients invest in other currencies.

This means there will be an increase in the number of American who develop multi currency portfolios and global businesses.

Jyske Bank has stayed with us yanks and formed Jyske Global Asset Management. They spent millions creating a system that can give US investors a full currency and global investment service in the US, Ecuador or wherever they live.  This is why I will  be speaking at Jyske Global Asset Managers forex seminar in Laguna Beach this April . See details here.

Gary

Or Join Merri and me or Ecuador Living’s staff in Ecuador in March 2010.

March 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.

March 15    Travel to Quito

March 16 Travel Quito Cotacachi

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.

You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $3,500.

If you join the International Club, the entrance fee for 2010 is $3,500.  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $3,500 Enroll here

International Club Three Monthly Payments of $1,190

Our Spring 2010 schedule starts:

Apr. 12-15   Ecuador Export Tour ($499 or couple $749)
Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Mid Coast Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito & Mindo Real Estate Tour ($499 or couple $749)
Apr. 26-27  Cuenca Real Estate Tour ($499 or couple $749)

The multi tour discounts remain effective for the April tours.

Read Huge Deficits May Alter U.S. Politics and Global Power

Multi Currency Risk


Multi currency risk is one reason to live in Ecuador… but just leaving the USA does not eliminate all the risk.

Ecuador’s currency is the US dollar, but the cost of living is so low that even if the dollar falls there is some protection against inflation.
The US dollar is not the only at risk currency.  Many currencies today are risky due to rising government expenditure.  Recent Multi Currency Updates, pointed out how I am totally divested in US dollars but have also have also dramatically reduced my euro holdings as well. Now I have switched my dollar loan to a euro loan. An excerpt from our multi currency updates explains why.

Jyske Global Asset Manager’s latest Market Update show how fast the world’s love affair for a currency (the euro) can end when it wrote:
The tragedy of the Greek budget deficit has now entered the 3rd act. What began as one nations budget deficit and its negative impact on the European Monetary Union (EMU), has now evolved into a multistate problem dragging the economies of the Iberian peninsula, Portugal and Spain, onto the stage. Market participants speculate that these 3 economies together will tone down the euro-zone’s overall growth in 2010 and thereby extending the current record low interest rate, making the US dollar more attractive – albeit the mighty dollar also has credibility problems.

The euro has, this far in 2010, lost 4.5% versus the US dollar, a scenery that very well could continue unless investors are convinced that these 3 troubled countries again can live up to the euro convergence criteria; demanding the euro-member nation’s “ratio of annual deficit to Gross Domestic Product (GDP)” not to exceed 3%. Greece currently has a budget deficit ratio of 12.7% to GDP, and a public debt expected to increase to 135% of GDP in 2011. A brutal consolidation plan has been approved by the European Commission, an ambitious plan to cut the Greek government spending and raise taxes in order to reduce the deficit ratio to below 3% of GDP by 2013.

Greece’s biggest labor union yesterday announced a 2nd mass strike this month, protesting against this major budget reduction, adding public pressure on the Greek Prime Minister George Papandreou to soften the necessary adjustments.

The European Central Bank (ECB) yesterday left its benchmark rate unchanged at 1%, later signaling that the bank is in no rush to hike rates. The ECB president Jean-Claude Trichet later tried to restore credibility to the euro, by comparing the overall situation in the euro area to a number of industrialized countries. However, he failed to persuade the market to look at the euro-zone as a whole, rather than focusing on the individual problems in Greece, Spain and Portugal. The market is now suggesting that Greece invite the International Monetary Fund (IMF) to help them getting back to fiscal responsibility, steering clear of any potential default scenery, and thereby calming the market nerves.

As it often goes in Greek tragedies, the story ends with a divine intervention, the “deus ex machina” in this case is manifested by the deep pockets of the IMF.

Recent Multi Currency Updates, pointed out how I am totally divested in US dollars but have also have also dramatically reduced my euro holdings as well.

This has a negative effect on my portfolio which had a US dollar loan protected by 5% a stop loss. Yesterday my portfolio manager at JGAM wrote:  Dear Gary   I hereby confirm that the stop loss on your USD loan has been hit. Your USD loan is now converted into Euro, at 137,78 (spot 137,99).
Monday, I’ll  look at changing that loan from euro to Swiss francs based on the thoughts of one of my advisers who wrote:  Perhaps it is better to borrow CHF instead of EURO if we are listening to the experts. They believe that the franc is overvalued. You can see this potential of a Swiss franc drop versus the euro in the five year euro Swiss franc chart (euro/chf) at yahoo.finance.com.  Two years ago a euro bought about 1.68 Swiss francs.  Last year it bought about 1.55 Swiss francs. Last week a euro bought only 1.46 Swiss francs.

multi-currency-chart
The stronger Swiss franc makes it hard for Swiss businesses to sell their products in Europe… their major trading partner.   The Swiss National Bank has repeatedly threatened to intervene to push the franc down. I had a dollar loan equal to about 5% of my portfolio.  The stronger dollar meant that as the dollar appreciated… it costs me more to repay the loan.  So I took my loss.
The impact of this problem may reach deeper than just Forex markets as explained in a New York Times news alert yesterday that said:

Sovereign Debt and Job Worries Push Stocks Down Sharply; Dow Industrials Fall 2.6%

Two of Wall Street’s biggest fears — a deteriorating employment picture and the debt woes facing foreign governments — re-emerged on Thursday, pushing stocks sharply lower. The Dow Jones industrial average fell 2.6% and briefly dipped below 10,000 before closing at 10,002.18 in preliminary figures; broader indexes slid nearly 3 percent.

Thursday’s trading brought hefty declines across the board, with a possible crisis in the European financial system overshadowing news of robust earnings for technology companies.

Read More:  http://www.nytimes.com?emc=na

Here is why this is happening.  Since 2008, wise investors have been investing in fairly risky investments expecting the world to recover from the 2007-2008 recession.

These investments though have been tentative because of fear that the basic global economic structure is taxed.
This chart from a recent article in the Economist entitled “Leviathan stirs again” shows why.
Though we know that US debt is huge… this chart helps us see that government spending as a per cent of GDP is higher in Canada,  France Britain and Germany.  Here are excerpts from this article:  The return of big government means that policymakers must grapple again with some basic questions. They are now even harder to answer.

FIFTEEN years ago it seemed that the great debate about the proper size and role of the state had been resolved. In Britain and America alike, Tony Blair and Bill Clinton pronounced the last rites of “the era of big government”. Privatising state-run companies was all the rage. The Washington consensus reigned supreme: persuade governments to put on “the golden straitjacket”, in Tom Friedman’s phrase, and prosperity would follow.

Today big government is back with a vengeance: not just as a brute fact, but as a vigorous ideology. Britain’s public spending is set to exceed 50% of GDP. (See chart above).

America’s financial capital has shifted from New York to Washington, DC, and the government has been trying to extend its control over the health-care industry. Huge state-run companies such as Gazprom and PetroChina are on the march.

Many European countries have devoted a high proportion of their GDP to public spending for years. And many governments cannot wait to get out of their new-found business of running banks and car companies. But the past decade has clearly produced changes which, taken cumulatively, have put the question of the state back at the centre of political debate.

The obvious reason for the change is the financial crisis. As global markets collapsed, governments intervened on an unprecedented scale, injecting liquidity into their economies and taking over, or otherwise rescuing, banks and other companies that were judged “too big to fail”. A few months after Lehman Brothers had collapsed, the American government was in charge of General Motors and Chrysler, the British government was running high street banks and, across the OECD, governments had pledged an amount equivalent to 2.5% of GDP.

Yet even before Lehman Brothers collapsed the state was on the march—even in Britain and America, which had supposedly done most to end the era of big government. Gordon Brown, Britain’s chancellor and later its prime minister, began his ministerial career as “Mr Prudent”. During Labour’s first three years in office public spending fell from 40.6% of GDP to 36.6%. But then he embarked on an Old Labour spending binge. He increased spending on the National Health Service by 6% a year in real terms and boosted spending on education.

In America, George Bush did not even go through a prudent phase. He ran for office believing that “when somebody hurts, government has got to move”. And he responded to the terrorist attacks of September 11th 2001 with a broad-ranging “war on terror”. The result of his guns-and-butter strategy was the biggest expansion in the American state since Lyndon Johnson’s in the mid-1960s. He added a huge new drug entitlement to Medicare. He created the biggest new bureaucracy since the second world war, the Department of Homeland Security. He expanded the federal government’s control over education and over the states. The gap between American public spending and Canada’s has tumbled from 15 percentage points in 1992 to just two percentage points today.

Another chart in that article shows how the American budget no longer makes sense.

The level of public spending is only one indication of the problem.

Looking at where the spending goes is another. In the case of America’s proposed 3.6 Trillion 2011 budget, defense and Social Security get an increased lion’s share of the money. Education… infrastructure and important activities get tiny amounts and less than before.

This suggests that despite the dollar’s current strength… long term we should be investing out of the dollar and not too much in the euro.

I have covered my dollar loan and in the process reduced my position in euro…. so my portfolio still has no dollars. It is just no longer short the greenback and has 5% (of the total portfolio) less euro.

Most portfolios should hold currencies around the world.

Sadly… US banks have little experience in helping multi currency investors.

This is why Jyske Banks upcoming Forex seminar in California may be helpful to you.

Pressures to reduce tax evasion and terrorism have stopped many overseas banks from serving US investors exactly when Americans need multi currency help them the most.

Fortunately for me and readers,  Jyske Bank in April 2008 set up Jyske Global Asset management as an Asset Management Company servicing US clients called JGAM. During the first 9 months JGAM  had to help their US clients cope with the worst financial crisis since the thirties.

They changed the investment strategy accordingly and over weighted their clinets portfolios in defensive investments.  During 2009 they became cautious optimists and began increasing the exposure towards equities and corporate bonds.

All investment decisions in JGAM are carried out by an Investment Committee who meet at least once a month.  Every member in the committee has responsibility for an asset class.

JGAM offers a number of portfolio’s depending on the size ranging from low risk to high risk… with or without leverage.

Since May of 2009 JGAM  also offers managed IRA accounts.

JGAM’s portfolios have performed very well in 2009  and the performance opf their client’s portfolios range from 10-33% depending on size and risk profile.

The IRA portfolios which were established in May 2009 has returned between 12% – 18%.

JGAM offers two types of multi currency service for US investors.

US investors can have a fully managed portfolio or have an advisory account where they make their own decisions.  For clients living in the US the advisory accounts come with many investment restrictions.

Managed portfolios are best for most US resident Americans.

Americans living outside the US can have advisory accounts without limitations regarding the investments.

Jyske Bank Copenhagen is the custodian for all JGAM accounts and for larger clients Jyske offers a VISA debit card associated with the account.

The VISA card comes with restrictions. It is a debit not credit card and normally requires a minimum balance of two times the spending limit PLUS  a minimum  investment account with JGAM of $50,000.

JGAM maintains a close relationship with its clients, makes regular visit to the US and provides a direct phone line for each client to an investment adviser.  JGAM also visits its clients in Ecuador as they participate in seminars that I and International Living conduct in Ecuador.

Beginning in 2009 JGAM also started conducting  their own seminars.

Last years seminar was in Naples Florida.

In April 2010 JGAM will conduct a Foreign Exchange seminar in Laguna Beach California.   In August JGAM will venture with Jyske Bank to conduct a seminar in Copenhagen.

JGAM is a fee based only company. Their only objective is to make money for their clients.   All JGAM employees, as with Jyske Bank,  are on a fixed salary WITHOUT BONUSES.

2009 was an extraordinary year and JGAM does not expect a repeat in 2010 as they expect central banks to begin withdrawing liquidity from the market.

JGAM does expect some interesting theme based investments in 2010. Clean energy will probably play an important role as governments across the globe focuses on the climate.  JGAM believes that the “climate aspect” has to be integrated into future investments, and that such a strategy can offer good returns.

They have already invested in iShares S&P Global Clean Energy Index.

This Exchange Traded Funds (ETF) aims to track the S&P Global Clean Energy Index and offers exposure to 30 of the largest publicly listed companies around the world that are involved in clean energy related businesses.

JGAM expects many country’s to tighten monetary policy (Australia and Norway have already started) which will create tension and volatility in the currency market.

JGAM plans to take advantage of these investment possibilities also in 2010.

Merri and I will join JGAM  at their April Laguna Beach seminar where you can be introduced to foreign exchange trading and investing in general. I will speak at the seminar and review my portfolio… why… what and what if.

The Laguna Beach forex seminar will be conducted 30 April  to 2 May 2010.

You will have the opportunity to:

• find out about JGAM’s BRAND NEW upcoming Managed FX Portfolio

• find out how JGAM  use’s currencies in our portfolios

• find out how you can take advantage of the profit
opportunities available with foreign exchange trading

• learn about and ask any FX questions that you didn’t dare to ask

• discuss key foreign exchange topics in greater depth than normal

• network with currency experts and JGAM’s experts.

For more details about the seminar contact Thomas Fischer at fischer@jgam.com

Subscribe to our multi currency updates here.

Gary

Join us March 11 to 14 2010. Learn how to increase your intelligence… reduce stress and speak Spanish  atSuper Thinking + Spanish Course, Mt. Dora, Fl.

Plus you can also on March 15  travel to Quito Ecuador.

March 16 Travel Quito to Cotacachi and attend one, two, three or all of of our Ecuador real estate tours.

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.
You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $3,500.

If you join the International Club, the entrance fee for 2010 is $3,500.  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $3,500 Enroll here

International Club Three Monthly Payments of $1,190

Our Spring 2010 schedule starts:

Apr. 12-15   Ecuador Export Tour ($499 or couple $749)
Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Mid Coast Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito & Mindo Real Estate Tour ($499 or couple $749)
Apr. 26-27  Cuenca Real Estate Tour ($499 or couple $749)

The multi tour discounts remain effective for the April tours.

Read the entire article Leviathan stirs again


Jyske Global Asset Management Seminars


Jyske Global Asset Management seminars in 2010 may help your portfolio survive and grow.

Sadly at a time when American investors need more multi currency investments and a better global view, overseas banks are increasingly restricted from helping US investors.  Anti tax evasion, money laundering and anti terrorism regulations have created so many regulations on banks that increasing numbers of overseas banks have stopped accepting US investors.

Yet at this crucial time when the US dollar has great fundamental weakness, US banks have little experience in helping its clients invest in other currencies.

This is why Jyske Banks upcoming April 2010 Forex Seminar in California may be helpful to you.

multi-currency-debt

I talked about green investing with these speakers at the Jyske 2009 Naples seminar.  Here I am with other speakers, Left to right: Samuel Rachlin,  Rich Checkan, Steve Blumenthal, Joe Cox, John Mauldin, Gary Scott, Lars Stouge. Thomas Fischer Moderating.

Fortunately for me and readers,  Jyske Bank in April 2008 set up Jyske Global Asset management as an Asset Management Company servicing US clients called JGAM.

During the first 9 months JGAM  had to help their US clients cope with the worst financial crisis since the thirties.

They changed the investment strategy accordingly and over weighted their clinets portfolios in defensive investments.  During 2009 they became cautious optimists and began increasing the exposure towards equities and corporate bonds.

All investment decisions in JGAM are carried out by an Investment Committee who meet at least once a month.  Every member in the committee has responsibility for an asset class.

JGAM offers a number of portfolio’s depending on the size ranging from low risk to high risk… with or without leverage.

Since May of 2009 JGAM  also offers managed IRA accounts.

JGAM’s portfolios have performed very well in 2009  and the performance opf their client’s portfolios range from 10-33% depending on size and risk profile.

The IRA portfolios which were established in May 2009 has returned between 12% – 18%.

JGAM offers two types of multi currency service for US investors.

US investors can have a fully managed portfolio or have an advisory account where they make their own decisions.  For clients living in the US the advisory accounts come with many investment restrictions.

Managed portfolios are best for most US resident Americans.

Americans living outside the US can have advisory accounts without limitations regarding the investments.

Jyske Bank Copenhagen is the custodian for all JGAM accounts and for larger clients Jyske offers a VISA debit card associated with the account.

The VISA card comes with restrictions. It is a debit not credit card and normally requires a minimum balance of two times the spending limit PLUS  a minimum  investment account with JGAM of $50,000.

JGAM maintains a close relationship with its clients, makes regular visit to the US and provides a direct phone line for each client to an investment adviser.  JGAM also visits its clients in Ecuador as they participate in seminars that I and International Living conduct in Ecuador.

Beginning in 2009 JGAM also started conducting  their own seminars.

Last years seminar was in Naples Florida.

The 115 delegates reported that they really gained from listening to what we had to say and…

brazilian-bond-distortion

talking among themselves during the coffee brakes and at meals.

brazilian-bond-distortion

One benefit of these seminars is talking to an overseas banker.  Here I am at the seminar  with my Jyske account executive Anders Nielsen.

brazilian-bond-distortion

In April 2010 JGAM will conduct a Foreign Exchange seminar in Laguna Beach California.   In August JGAM will venture with Jyske Bank to conduct a seminar in Copenhagen.

JGAM is a fee based only company. Their only objective is to make money for their clients.   All JGAM employees, as with Jyske Bank,  are on a fixed salary WITHOUT BONUSES.

2009 was an extraordinary year and JGAM does not expect a repeat in 2010 as they expect central banks to begin withdrawing liquidity from the market.

JGAM does expect some interesting theme based investments in 2010. Clean energy will probably play an important role as governments across the globe focuses on the climate.  JGAM believes that the “climate aspect” has to be integrated into future investments, and that such a strategy can offer good returns.

They have already invested in iShares S&P Global Clean Energy Index.

This Exchange Traded Funds (ETF) aims to track the S&P Global Clean Energy Index and offers exposure to 30 of the largest publicly listed companies around the world that are involved in clean energy related businesses.

JGAM expects many country’s to tighten monetary policy (Australia and Norway have already started) which will create tension and volatility in the currency market.

JGAM plans to take advantage of these investment possibilities also in 2010.

Merri and I will join JGAM  at their Laguna Beach seminar where you can be introduced to foreign exchange trading and investing in general. I will speak at the seminar and review my portfolio… why… what and what if.

The Laguna Beach forex seminar will be conducted 30 April  to 2 May 2010.

You will have the opportunity to:

• find out about JGAM’s BRAND NEW upcoming Managed FX Portfolio

• find out how JGAM  use’s currencies in our portfolios

• find out how you can take advantage of the profit
opportunities available with foreign exchange trading

• learn about and ask any FX questions that you didn’t dare to ask

• discuss key foreign exchange topics in greater depth than normal

• network with currency experts and JGAM’s experts.

For more details about the seminar contact Thomas Fischer at fischer@jgam.com

Gary

International Invesments & Spurts


Our messages at this site are mostly about Ecuador, real estate and international investments.

garyascott.com

Ecuador beach real estate has been a very good international investment.  Some readers have asked why I am selling some of my Ecuador property. See why below.

I hope these messages help you make and save money because money is energy and energy fills our needs.

Investments are stored energy… like a battery that continues to fill our needs when we do not work.

The analogy however can be carried further. Too much energy forced into a battery causes it to explode and burn.

A recent January 2010 New York Times article entitled “The Safety Net – Living on Nothing but Food Stamps”  by Jason Deparle and Robert Gebeloff started me thinking about this.  Here is an excerpt from the article.

CAPE CORAL, Fla. — After an improbable rise from the Bronx projects to a job selling Gulf Coast homes, Isabel Bermudez lost it all to an epic housing bust — the six-figure income, the house with the pool and the investment property.

With millions of jobs lost and major industries on the ropes, America’s array of government aid — including unemployment insurance, food stamps and cash welfare — is being tested as never before. This series examines how the safety net is holding up under the worst economic crisis in decades.

“It’s the one thing I can count on every month — I know the children are going to have food.” says Bermudez who has two daughters and no cash income.

Now, as she papers the county with résumés and girds herself for rejection, she is supporting two daughters on an income that inspires a double take: zero dollars in monthly cash and a few hundred dollars in food stamps. A link to the entire article is below.

This is terrible. I know as I was once in a similar situation but with three kids, no income…in the 1970s and I was living in Hong Kong.  There were no food stamps there then!   More on that in a moment.

First, let’s look at the importance of spurts in international investing.

International investments… property in Ecuador… or other countries… multi currency stocks and bonds… all… can help fight inflation IF we do not get too caught up in spurts.

All markets rise…  and fall…in spurts.  This fact can kill investors.

The odd fact is that upwards spurts can do more damage than the drops.

This is why the New York Times article started me thinking…  The story is about “a six-figure income, the house with the pool… investment properties.”

“Where,” I thought “were the savings”?

Let me hasten to add… I think I know where the saving went because I made the same mistake (maybe even worse as you will see) which  leads to the point of what we are sharing here.  Be careful of spurts!

The key to all successful investing is the protection and increase of purchasing power.

International investments can help you achieve this, but attaining and keeping success can be trickier than it might seem.

Let’s hear (from the voice of experience) why the art of keeping wealth may be more elusive than just making a profit.

As mentioned all markets bubble up and dribble down in spurts.

The problem is that many, especially inexperienced (as in they have not yet been burned), investors who start investing when there is an upward spurt, take the instant profits they make seriously and spend them!

We can forget… or do not realize that there are down cycles too.

This means that we have not learned the most important part of how to survive cash spurts and sudden wealth.

I learned this lesson the hard way as a young executive, (just 25 years old). Back in the late 60s and early 70s.   I worked my heart out for four years, almost sacrificed my family and ended up divorced by trying to build a financial future.

I thought it was worth the stress. The stock market had been rising for decades. The bull market was all I knew, shares rising, IPOs were coming out every day-almost guaranteed success. The industry I worked in (overseas mutual funds) was in a hot sector and the company I worked went public.

My compensation was generous, a stock option for 50,000 shares at a dollar each. The shares were issued to the public at $20. At 25 I was already a millionaire and those were the days when you could buy more than a house for a million dollars! In fact a million then was worth about $12 to 15 million now.

However, I had not learned any lessons about locking in profit nor the downsides of markets.

I had never made more that $750 a month so this wealth was bewildering.

I bought everything I could, a new Mercedez 280 SL, a new house and I ran up some nice credit card bills.

But I bought all this on credit and kept my shares. Why would I sell?   They would just kept rising! Right.

Then the stock market collapsed. The sudden drop caused a run on the shares of the company I worked for and it, with many similar firms, collapsed. The entire industry tanked and the company went broke. I ended up unemployed, with no money… zero income and in debt.

My stock options weren’t worth the paper they were printed on.

The moral…when you invest to make money be careful. You may make it! If you do not respond correctly, the sudden wealth can make life worse rather than better.

Most wealthy people receive their income in spurts. We saw this process regularly during the internet craze.

Merri and I have been lucky.  Our business has been solid and steady for at least 30 years. Yet when I look back… at least half of our assets and savings came from just a handful of deals… where we picked exactly the right thing… at just the right time and then cashed in on a spurt.

Fortunately I had also learned that you not only buy… but you also sell.

This is part of the reasons why we are selling some of our US real estate now.  We purchased a lot of Ecuador real estate ten years ago… at really… incredible low prices.  Ecuador real estate has risen much higher and we are taking some profits to plow into really cheap US real estate.  This is a never ending cycle.

That Hong Kong experience and the observation of thousands of investors over 40 years suggests that sudden financial success creates disaster as often as not.

We as investors all too often make one of three mistakes.

The first mistake is to believe that this is the only time there will be such an influx of cash. This tightens a person, so they can’t enjoy spending. They become afraid. Life becomes filled with paranoia. Unhappiness sets in. If money doesn’t make life better, what’s the use?

The second mistake is to think that these large chunks of cash will continue to come easily again and again without working. This thinking creates unrealistic lifestyles and work ethics that lead to disaster.

I first observed this ironic fact while living in England. A happy, financially responsible middle class family won millions in the lottery. Just a few short years after reaping this spurt of cash through supposed good luck, the husband and wife were bankrupt, divorced and no longer speaking to their kids.

I have seen example after example, of people, who received a sudden chunk of income made very unhappy by this large inflow of wealth. This is why it is a risky time when investors make a big sudden profit. The proud owner of new found wealth, buys new cars, houses and becomes very spendy. They create overhead and debt. If there is a single reversal, they are wiped out.

The third mistake is to pyramid the success especially with debt. You can ask many US real estate investors about that as they continue to try and work their way out of negative equity housing.  This builds on a weak foundation and when the spurt turns creates a faster and often horrendous collapse.

Now the stock market has had a spurt and performed incredibly well over the past year. We cannot depend on this trend to continue.

How much is a big hit anyway? How much is enough to throw a person off track?

One measure is a ten times increase in wealth.

This normally is enough to make a significant difference in a person’s life. For someone with a thousand dollars in the bank, $10,000 seems like a lot. The extra money can make a difference. For someone who already has a million dollars, another million doesn’t make such a significant shift. Ten million does.

The reason spurts create problems is because they disrupt our discipline.

Money is discipline and our financial affairs have some form of economic routine, either self imposed or not.

We have a set of mental standards that makes us think, “I can afford this, but can’t have that”, etc. Spurts of wealth demolish these standards. Suddenly we can have many things we previously could not. We become, once again, kids in the proverbial candy shop.

Yet much of the Western world spends their lives trying to become and stay independently rich. If succeeding in this process can ruin happiness, what can we do?

First, realize that quantum wealth… which is independent, permanent never-ending, fearless wealth, is a process, (not a state) of a continual series of reasonable risks, mistakes, refinements, lessons and actions that culminate in getting it right. When success arrives, there is a huge income (or capital) spurt.

Understand that this is not just one time when you can make a huge wad of cash.

Impose discipline.

Here is a simple formula for dealing with spurts if you cannot create your own.

First, immediately spending ten percent of the new money on your dreams.

Buy, the Porsche.

Take the world cruise.

Build the new eight bedroom house. Do whatever you want that does not cost more than ten percent.

Second, give ten percent to a worthy charity.

Take a little time, find a need in this world you feel really should be filled and truly give the ten percent away.

Third, invest the remaining eighty percent very conservatively. Use the PIEC system.  Hire a good, conservative investment manager such as Jyske Bank.

Finally be grateful every day, not for the lump of cash, but for all the important things in life.

Thomas Fischer and I have been especially concerned about spurts since the stock market has risen so handily in 2009.

When these types of results are obtained, inexperienced investors (and even many pros) begin to ignore the risks.

Having been involved with currency investments for so many years, Thomas and I never forget the downside!

This is why JGAM’s speculative portfolios this year have reduced borrowing.

Dollar Dilemma

There are several reasons to be especially concerned about the US dollar.

There is every reason to believe that the US dollar will fall.  I certainly am shorting the greenback myself.

First, the world has become addicted to US spending. Americans consumers are spoiled. They continue to remain wealthy.  First there was the stock market bubble, followed by the US real estate bubble. These artificial wealth creators we spawned by a flood of liquidity that allowed people to borrow more and more.

When the correction came… the government bailed everyone pout and create a monumental debt… an almost guaranteed reason for the buck to fall.

Yet everyone wants the strong dollar to continue. The Asians want it to continue fueling their export sectors and to maintain the value of their investments in US dollar bonds.

Oil sellers want it to prop up their investments in the US . Europeans want a strong dollar to keep their exports competitive as well.

Next there are no strong alternative reserve currencies. Other western nations and Japan are riddled with debt as well.

Plus, and this is perhaps the most difficult factor to discern, other government have created massive debt as well.  So the dollar is less likely to fall versus other currencies.

There is one more problem about profits made by just holding non dollar assets.

Profits created by a falling US dollar will almost certainly be reduced by rising costs of living. A falling USA dollar almost certainly will increase inflation in the US . So your profits may look great but won’t buy anywhere as much as expected.

The best you may do is keep up, unless you invest and manage your spending well.

This brings us to the final dilemma, the Fed which aims to keep inflation down. They are headed for that proverbial rock and the hard spot. If there is inflation, they need to raise interest rates. This will push US real estate prices down further and perhaps stall the economy again.

Yet a run on the greenback may force rates up anyway.

So beware…of yourself and currencies.  The dollar is most likely to continue its decline. I am betting it will myself but I know it is likely to do so in spurts. How you handle these spurts can make the difference between wealth and poverty!

Until next message, may all your spurts be good!

Gary

Join me, Thomas Fischer, Joe Cox – my tax and asset protection attorney and four other speaker at our February International Investing and business seminar in Mt. Dora Florida Feb. 11-14 2010.

Join us at a seminar or tour to share ways to invest, do business and live that protect as they provide joy, satisfaction, better health and enhanced wealth.

Join us in February or March.Feb. 11-14   Quantum Wealth Florida -International Investing & Internet Business, Mt. Dora, Fl.

February 15-16 Travel to Quito and tour Quito

February 17     Travel Quito to Manta

February 18-19  Manta & Mid Coast Real Estate Tour

February 20 Travel Manta to Cotacachi

February 21-22 North Andes, Imbabura & Cotacachi Real Estate Tour

February 23-24  Quito & Mindo Real Estate Tour

February 25 Travel Quito Cuenca

February 26-27  Cuenca Real Estate Tour

March 2010

March 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.

March 15    Travel to Quito

March 16 Travel Quito Cotacachi

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

There is one week left to gain the largest savings on our Ecuador tours.

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.

You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $2,999.

The International club fee rises to $3,500 January 25 2010. Enroll in the International Club now at the original fee of $2,999. Save $501 extra before January 25, 2010.

Because holiday expenses often tighten the winter cash flow, you can enroll with three monthly payments… $1,025 in January… $1,025 in February and $1,025 in March 2010.

If you join the International Club, the entrance fee for 2010 is $2,999 (until January 2010).  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $2,999 Enroll here

Read the entire New York Times article “The Safety Net – Living on Nothing but Food Stamps”

Quito and Mindo Real Estate Tour


Quito and Mindo Real Estate Tour.

Prices for real estate in Quito and the surrounding valleys are still low.  For example below you can see brand new 861 square foot three bedroom condos for $29,999.

Carlos Tobar, who is conducting our Quito and Mindo real estate tour, just sent me this note.


quito-real-estate-for-sale

Gary, Quito real estate offers outstanding quality, alternatives and value for expatriates visiting Ecuador.

The picture above shows a shot of the more modern, northern part of Quito, with the impressive Pichincha in the background.

The city is a world heritage renowned for its historic downtown, the largest Spanish colonial town in South America.  The historic colonial city center offers several real estate opportunities, nested in this most impressive colonial ambiance.

However, Quito is characterized as a city of diversity.  The city is over 30 miles long while not  much more than a few miles wide.

The north is more modern, home to most of the banking sector and large business, as well as the more expensive neighborhoods.  The south is more
commercial, with less expensive neighborhoods.  Quito also boasts its surrounding valleys such as the valleys of Tumbaco, Los Chillos, Calderon and Pomasqui.  Here is a map.

quito-real-estate-for-sale

Our Quito – Mindo tours will take us to see opportunities in old town Quito.  We will look at
properties in the northern business sector of Quito, such as these condos located in the
heart of the business, banking and hotel sector of Quito:

quito-real-estate-for-sale

Prices in a modern brand new building such as this are about $64,000 for a 572 square foot
condo.

The general floor plans of the condos are as follows:

quito-real-estate-for-sale

As you can tell, Quito offers both modern and classic architecture.  It also offers a wide variety
of prices, depending on what you may be looking for.

For instance, we will also visit this development:

quito-real-estate-for-sale

It is located in the Valley of Pomasqui, very close to the zero latitude “middle of the world”.

This energetic center was known even as far back as the Incas, and they were so drawn to it
that they were not satisfied until they made it part of their empire.

quito-real-estate-for-sale

Comfortable and quality town houses are available in this  complex
starting for US$ 29,999 for a cozy 861 square foot 3 bedroom unit.  Here we have a
few shots of the interior of these properties (the furniture is that of the model home but is not
included in the sales price):

The living room

quito-real-estate-for-sale

The dining room leading to the kitchen area

quito-real-estate-for-sale

The bed room comfort

quito-real-estate-for-sale

As part of our continuing tasting of the variety Quito has to offer, delegates who will attend the
Quito-Mindo tour will visit the higher end project as well, located where the new airport is being built.

quito-real-estate-for-sale

The project lies next to a renowned Golf and Country Club.

It boasts 3.5 acres of green communal areas, fresh air, a privileged micro-climate, in an
exclusive, high-appreciation sector.

quito-real-estate-for-sale

The project is made up of 99 lots to be sold in 2 stages.  Each lot owner will be allowed to build
a single home in each lot, sized 240 m2 or 300 m2 (approximately 2,550 ft2 and 3,200 ft2,
respectively), following general architectural guidelines set forth in the purchase documents.

quito-real-estate-for-sale

Lot prices start at $54,000 for lots that begin at 5,200 square feet.

Our Quito – Mindo tour also offers you the possibility to travel outside of Quito, to the north-
western part of the Province of Pichincha.  We will visit the Mindo area, known for its abundant
bio-diversity (just Google “Mindo” to find out more about this bird-watchers and ecotourism
paradise).

quito-real-estate-for-sale

Mindo is an ecotourism hotspot where nature enthusiast can find plenty of activities and enjoy
their natural surroundings.

quito-real-estate-for-sale

There we will visit the project Arboretto Riverside Villas (ARV), a novel concept in ecotourism
presold villas.   ARV is made up of 36 custom homes, to be built within an extension of 25
acres.   We have built the first model home in ARV, which we will be able to visit during our
tour.

quito-real-estate-for-sale

Prices start at $150,000 for a 1,300 square foot custom home built on a lot of an average of
10,000 square feet.

quito-real-estate-for-sale

The key characteristic of these homes is their transparency and the way
they are immersed in nature:

quito-real-estate-for-sale

Each house has its own outside Jacuzzi, literally allowing you to enjoy nature in the warmth of
your own deck.

quito-real-estate-for-sale

In summary, Quito and the Mindo area have a great deal to offer to those who are looking for a
modern, city life-style as well as to those of you who enjoy a more relaxed way of life in a
smaller town (without being out of reach of the big city).

This is just one more example of Ecuador’s diversity and this tour will provide you the
opportunity to experience the many faces that Quito and Mindo have to offer.   We look forward
to sharing this experience with you.  Regards Carlos.

Our January Quito Mindo real estate tour is full but there is still time to join this tour in February.

Enroll in our Quito / Mindo Ecuador Real Estate Tour here. $499. Couple  $749.

Join us at a seminar or tour to share ways to invest, do business and live that protect as they provide joy, satisfaction, better health and enhanced wealth.

Join us in February or March.Feb. 11-14   Quantum Wealth Florida -International Investing & Internet Business, Mt. Dora, Fl.

February 15-16 Travel to Quito and tour Quito

February 17     Travel Quito to Manta

February 18-19  Manta & Mid Coast Real Estate Tour

February 20 Travel Manta to Cotacachi

February 21-22 North Andes, Imbabura & Cotacachi Real Estate Tour

February 23-24  Quito & Mindo Real Estate Tour

February 25 Travel Quito Cuenca

February 26-27  Cuenca Real Estate Tour

March 2010

March 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.

March 15    Travel to Quito

March 16 Travel Quito Cotacachi

March 17-18  North Andes, Imbabura & Cotacachi Real Estate Tour

March 19-20    Cotacachi Shamanic Tour

March 21  Travel Cotacachi to Manta

March 22-23   Manta & Mid Coast Real Estate Tour

March 24 Travel Manta to Cuenca

March 25-26 Cuenca Real Estate Tour

March 27  Travel Cuenca to Salinas

Mar. 28-29   Salinas & South Coast Real Estate Tour

There is one week left to gain the largest savings on our Ecuador tours.

The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.

You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

Even Better.  Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $2,999.

The International club fee rises to $3,500 January 25 2010. Enroll in the International Club now at the original fee of $2,999. Save $501 extra before January 25, 2010.

Because holiday expenses often tighten the winter cash flow, you can enroll with three monthly payments… $1,025 in January… $1,025 in February and $1,025 in March 2010.

If you join the International Club, the entrance fee for 2010 is $2,999 (until January 2010).  Your attendance fees at all courses will be waived. You and a guest of you choice can attend courses worth $40,947.You can calculate the savings as our schedule of all 2010 courses here.
International Club 2010 Membership $2,999 Enroll here

Ecuador AirFare Examples


Since the Ecuador airfare war began we have continued to received great stories form readers who are flying to Ecuador.

“Thats’ a pretty good deal.  I just found flights on Continental right now for only $417 round trip from Newark.
David”

Another reader did even better!

“Hi Gary,  Saw your letter today and thought that I would share that I bought a ticket on COPA from Newark to Quito for $376 roundtrip, including taxes and fees.  I couldn’t believe the price–it was even cheaper than leaving out of Miami, and I’ll be in Ecuador for 9 weeks.  Quite pleased, but when I saw your post that the lowest fares were $389 roundtrip I just had to let you know I’d found it cheaper! Best,  Jen

We are delighted when reader find low airfares to Ecuador.  Please share you story with us!

I just finished an airfare sampler with links for six overseas airlines (like Copa above) that offer some really low Ecuador airfares for our Ecuador Living subscribers.

Meet Merri and me with the magnificent seven speakers and contacts at our upcoming seminar who can help enhance your health and wealth.

Quantum Health…. Sheri Clary.   Sheri helps us with our health.  Sheri is a nurse practitioner who with her husband, James Clary MD, have been helping delegates learn natural ways to improve their health.  Specializes in hormonal balance using bioidentical compounds.

Quantum Investing… Ted Tidwell.  Ted is the founder of 1st Envirosafety the maker of Ted’s Stuff… a colloidal compound that has been helping farmers globally as well as helping create global business opportunity for Americans and Canadians moving abroad.

Quantum Asset Protection… Joe Cox. Joe has been my friend and attorney for more years than I care to remember.  He specializes in estate planning, insurance, trusts and taxation is a frequent speaker on tax planning topics such as income taxes, insurance trusts, irrevocable trusts and offshore asset protection trusts. He has also written hundreds of articles and books concerning income tax and irrevocable trusts.

Joe is listed in Who’s Who in America and Who ’s Who in American Law. Chosen by Florida Trend Magazine as one of the top 1.6% of lawyers in Florida and one of the top 34 Wills, Trusts, & Estate Planning lawyers. Chosen by Worth Magazine to be one of the top 100 attorneys in the Nation.

David Cross… our webmaster.

Thomas Fischer… former currency trader and international investment banker for over two deacdes.

Anders Nielsen my Danish investment adviser for nearly 20 years.

Shirley Peacock, the real estate broker we use to find Smalltown Florida real estate.

Join Merri and me with these seven valuable sources of information and get a free bouquet of Valentine’s roses.

ecuador-roses

Here are some of the last Ecuador roses I ordered.

ecuador-roses

I created a Valentine’s celebration as part of our February 8 to 11 Mt. Dora Florida seminar, the starting point for our Florida Ecuador split session.

The seminar begins in Mt. Dora (about an hour from Orlando airport) Thursday February 11 with “Quantum Wealth” a one day workshop conducted before our regular Florida International Investing & Business Made EZ seminar schedule.

The International Investing & Business schedule starts Friday February 12 when I join Thomas Fischer of Jyske Global Asset Management, our webmaster and the other speakers mentioned above to review where to invest in 2010.

international-investment-seminar

Here is Thomas speaking at a previous seminar.

International Business & Investing shares  how we create income through service and invest globally… plus shares our most valuable contacts and sources of knowledge.

Inflation makes it increasingly hard for almost everyone to keep up with the faster and faster pace of the rat race that captures most of the world…especially in economic downturns we have experienced for the past two years.

International investments and international business unlocks the restrictions of the rat race.

Economic stress grows…debt…rising cost of insurance, increased liability…inflation lurk everywhere. More crowded…more change…more push.  The falling dollar and economic hard times are shredding purchasing power.

This leave us few choices.

We can join the rat race or…find enjoyable ways to invest and earn.

The international investing sessions (Friday Feb 12) look first at multi currency investing.  Multi currency portfolios are usually slow moving, safe, conservative investments but they can be really profitable as well.

How safe?

The portfolios we create and review at our courses are composed of mutual funds and shares and are developed with the help of one of the world’s safest banks. The mutual funds and shares are held at that bank at all times.

Suppose we get specific.

That safe bank is Jyske Bank…well established with a history of over 100 years. Jyske is Denmark ’s second largest bank, with 450,000 clients in Denmark and over 30,000 abroad.

Jyske Bank has over 23 billion euros in assets and also happens to be one of the leading currency traders in the world. The Danes have always been big currency traders because as a small naval country surrounded by England , Sweden , Finland , Russia , Germany , Norway and other countries…they have always had to deal in many currencies.

This historically gained expertise means that unlike most banks (that trade only eight hours a day) Jyske maintains a 24 hour global currency and commodity dealer service. Many other large banks use Jyske to handle their off hour currency positions. This means that Jyske is huge when it comes to multi currency activity. In fact their turnover reaches $50 billion dollars a day.

That’s safe.

Each course reviews global economics and updates ways to adapt and prosper in current conditions.

This portion of the course reviews what I am doing as multi currency investor myself.  For example during the 2008 downturn the recent Global Portfolio Currency Breakdown of my own personal portfolio looked like this.

Ecuador Real Estate 12.0%
Real Estate  31.0%
Euro 10.5%
Emerging market Currencies 10.0%
Danish kroner 9.9%
US$ 8.2%
British pound 6.0%
Swedish kroner 4.0%
NZ$ 3.7%
Australian $ 1.0%
Canadian $ 1.0%

By late 2009 that portfolio had shifted to

US $ Real Estate 50%
Non US Equities   3%
Emerging Bonds 11%
Bonds                   26%
Ecuador Real Estate  (for sale) 15%
US$ Short             -5%

my liquid portfolio was diversified in these currencies:

US$  -5.0%
CAD  7.0%
NZD  7.0%
AUD   7.0%
$ Bloc   16.0%

GBP   8.0%
DKK  10.0%
SEK   4.0%
EURO 39.0%
Euro bloc 61.0%

TRY 6.0%
HUF 7.0%
BRL 6.0%
EMCS 6.0%
Emg Curr  25.0%

Now I have made another big shift in my portfolio. At the seminar you’ll see my updated portfolio and why I have made these changes.

Most teachers do not actually share their own personal portfolios…  Just as Merri and I share our home and lifestyle, we share how we invest and explain why our portfolio is designed for our circumstances at any one time.

This provides you with two benefits. First, sharing why we adjust our investments helps you understand how to adjust yours.

Second, and most important, we invest real time. The data shared in our courses is about global investments you can make in the here and now. What you learn is not dated theory, but up to the minute fact! Many delegates come to course after course to update their portfolios.

We share our most valuable sources of information as well.

For example, Thomas Fischer Senior VP of Jyske’s Global Asset Management group will join us from Copenhagen to speak about where to place your current international investment allocation… along with four others… six of our friends and most valued sources if data… will be on hand to help you.

My personal investment adviser Anders Nielsen, also with Jyske, will be on hand to speak privately and answer any of your personal questions.  Our friend and tax attorney of more than 20 years, Joe Cox will share information at the seminar as well.

multi-currency-debt

Here I am with Anders at a previous global investment session.

Here are a few of the international investing and business subjects we review at this course.

#1: How 100 years of global economics can enhance your international investments and international business now. Learn how history reveals currency distortions that create international investment opportunities to borrow low and deposit high. For example right now you can borrow Japanese yen at below 3%, Swiss francs below 4% to invest in international investments, international business, international real estate or other international currencies that pay 5%, 6%, 7% and even more. In one case we’ll show why it is smart to borrow Swiss francs at 3.75% and invest in international Brazilian bonds that pay up to 10% or more!

Subjects in the international investments sessions include a review of global stock markets, international currencies and international interest rates and how they are shifting versus the greenback.

Another session looks at where to find the best value international investments globally right now, plus how to spot the hottest international investment trends before they become hot.

We also cover how to cash in on currency shifts by making international investments through the Multi-Currency Sandwich (Borrow Low-Deposit High) tactic. This is a perfect time for such international investments using diversification of currencies and taking advantage of the currency distortions that now plague investors around the world.

Currency experts from Jyske Bank (Thomas Fischer was a currency trader for many years and Jyske is one of the major currency trading banks in the world) will provide data at that course on this subject.

We’ll study international investment portfolios that offer the advantage of diversification, in several cases into nine currencies and nine different investments of which more than half have strong A to AAA ratings. We will review any changes made in the international investments portfolios we track and update what and how currencies and interest rates may move in the months ahead.

#2: We’ll look at international investments in emerging stock markets and emerging bond markets as well. 2007 was the seventh consecutive calendar year in which international investments in emerging markets outperformed developed markets. In 2007 the MSCI overall Emerging Markets benchmark was up 23.8 % in US dollars compared to the MSCI World Total Return Index being down 0.08 % in US dollars.   See why 2008 fared worse for emerging markets and how this creates more potential value.

In 2008 emerging markets fell faster and further than major markets… but once again in 2009 they led the global investment pack.  Anders Neilsen, my Jyske account manager, is one of Jyske’s bond experts and will be on hand to answer bond questions.

This February’s International invest sessions look at which blend of emerging and major markets may work best in 2010.

How profitable? Though Jyske Global Asset Managers have been extremely conservative this year, their managed portfolios have risen between 12.2% and 34.4% depending of the risk profile and the size of arrangement.

Those with more emerging markets in 2009 made even more.  The emerging markets index (in US dollars) was up 58.99% compared to 23.05% for the major market index. Over three years the index on emerging markets was up 37.88% versus 17.27% for the world index. The emerging market index was up 35.63% compared to the world’s index rise of 18.43% over five years.

Then emerging markets recorded their highest ever quarterly returns in the second quarter 2009, and posted strong gains for the third quarter, up 37.4% in three months, which ranked as the ninth best in equity market history.

You’ll learn why in 2009 we were investing in BRIC countries (Brazil, Russia, India and China).These 4 countries now generate approximately 27% of the world´s Gross Domestic Product (GDP).  The average annual GDP growth of a BRIC nation was greater than 7% before the recession, as compared to approximately 2% for a G-7 nation.  In the first three quarters of 2009, the growth rate for the Chinese economy beat expectations with an outstanding 8.9%.   We’ll look at a special BRIC trading idea in our 2010 seminars.

#3: One session will especially focus on international investments in alternate energy and water. For example we’ll see why Hyflux (water cleaning membranes mainly in China ) rose from $1.50 to $5 in less than a year (and why it then fell dramatically). We’ll see why water shares are destined to grow. We’ll look at Vestas (windmills) shares also up from $50 to $106. Plus we’ll update our Green Portfolio. These shares are especially interesting now as they were especially depressed in the global meltdown.

This course goes far beyond just international investments in stocks, bonds and currencies. Other sessions cover:

#3: How to cash in on distortions in international real estate from Ecuador to Lithuania! We have gained much more than just profit and international business and international investing opportunity in our international real estate searches. We have gained incredible luxury, heart- warming sweetness, breath-taking beauty, much better health and pleasant surprises at every turn. Having lived, worked and played in Ecuador now for over a decade and a half, we’ll focus heavily there, but Ecuador real estate opportunity is just one small part.

For example we’ll see how to own Ecuador and Smalltown USA real estate for pleasure and profit.

The third session of the course looks at how have an international business for fun and profit.

Merri and our webmaster, David Cross join me in the third part of the seminar to look at how to have a small international internet business.

This portion of the seminar is highly practical and usable because it focuses on how to start really small…with minimal investments of time and capital.

Plus we show how to stay small (yet highly profitable) if desired. International business sessions include:

#1: How to have an International and Ecuador Import-Export Business anywhere.

We’ll especially zero in on Ecuador export business opportunities in carved wood, ceramics from Cuenca, carpets from Guano, silver and gold jewelry from Chordeleg, paintings and art, textiles from Otavalo, leathers from Cotacatchi and flowers from the Andes . For example you’ll learn how factories make bread dough jewelry that can be fashioned into high school and college mascots and purchased for pennies apiece (to be sold for dollars abroad). You see how the only native American owned mill produces coats, shirts, sweaters, hats, gloves and scarves in school colors of your choice (at really low prices). These can be sold for ten times their cost.

Here is what one delegate to our course wrote: “Warm greetings for you and Merri! I’ll be on that list of Millionaire women very soon, thanks to your wonderful guidance and tips. Thank you SO MUCH for the good work that you both do!!!”

Another shared this: “I love to travel, but since I’m not independently wealthy, I also need to make money. I made one of my dreams come true. I went to Ecuador . I attended Gary & Merri Scott’s import/export seminar, we visited artists, markets and villages. It was a treat to see the great variety of handmade items and meet the friendly artists. I started to see the possibilities. I filled my suitcases in no time. Most of those things were sold to coworkers and friends and covered the costs of my trip. Yeah!”

“I returned to Ecuador in October. I spent two weeks attending Spanish classes in Quito and the next two weeks shopping. Once home, I sold my goods at an international bazaar and again paid for my trip expenses.

“Do I plan to continue? You bet! I have ideas for other places to sell my goods and some great material for travel articles. I am learning more each trip and gaining experience and confidence and most importantly, I love doing it! Attending your workshop was the catalyst that gave me the courage to take the plunge. Thank you for enriching my life.”

Ted Tidwell will share amazing experiences with that farmers are having with Ted’s stuff and potential benefits of exporting this wonder product abroad.

#5: How to write and use publishing, seminars and how to use international internet opportunities to create your own global business from your home. You can run your global business from an office or at home! The internet makes this more possible than ever before.

In the course we use case studies of what we are doing now to show how to start small and grow on the internet!

Imagine this. Merri and I have a tiny international business. Just two of us run this operation from a remote farm in the Blue Ridge, a small village in Ecuador and the Florida countryside. Yet our website is ranked among the top 20,000 sites in the USA.

By starting small and building with stepping stones and harmonious foci we now almost own several profit generating phrases at Google.

At the course, we look at how we use the Seven Ps (Person, Problem and Promise, Product) to zero in on key phrases. Then we use the Fifth P Promise to develop new customers. The Sixth P the Prospecting Path and Seventh P the Presentation we use at the internet.

This knowledge has really helped previous course delegates. Here is what one previous delegate just shared:

“Gary , I have been working on my website, healthy-holistic-living.com site and I figure it is time for another update. It is really hard to believe it, but my site just keeps growing and growing and I am now averaging 2000 visitors per day!

“What I find to be most amazing is that in just a few short months my site is #1 out of over a million sites and sometimes even millions of sites! As you always say the internet is the ‘Great Equalizer’ anybody given the right tools can compete on the internet.“

You will learn how to use the same system to expand (or start) your business globally!

#6: How to Cash in on Smalltown USA.

We’ll look at properties for sale in Central Florida. These areas have two unique features. First, they offer great real estate value. Second, they are great places to visit and live and do business.

Many readers combine a trip to our Florida or Blue Ridge courses with a chance to look around and inspect some property for sale.  Learn how demographics and population push (plus the water) and new Florida investments that have come to this area are likely to make this a hot spot in the decade ahead.  In Florida they often visit Orlando about an hour away… plus look at the great lake front properties available at really low prices.

We’ll introduce you to brokers we have used in Florida at the seminar.

#7: How to use the latest tax savings and offshore legal structures to gain the ultimate asset protection. Learn how to gain more than cash-freedom, friendship, financial security, prestige, tax savings, legal protection, fun, adventure, self-sufficiency, fulfillment and more satisfaction…by combining very small amounts of money with your time and energy in an international business.  Our friend and attorney for more than 20 years… Joe Cox will be on hand to speak and answer your questions also.

Previous course delegates have included business people, brokers and professionals, doctors, dentists, lawyers, retirees, couples wanting to get into international business together, insurance agents and marketers who want to enhance their existing business or build a second sources of income through international investments and international business.

Plus more.

We have invited more speakers than we have had in a decade to share this learning experience with you… at this seminar course… for ideas on health… green and quantum investing… asset protection and global business.

This can be a Valentine’s Treat because we have booked all four days of this course to be conducted in a very romantic place, the Lakeside Inn in Mt. Dora Florida and have arranged discounted room rates for you.

investing-course

The Lakeside inn is a ‘National Historic Treasure’, listed on the
National Historic Register, that  has continuously 
operated as an Inn for more than 125 years,
the oldest operating Inn in Central Florida.

investing-course

The Lakeside Inn is located 40 miles Northwest of Orlando
 in in Mount Dora… our shopping town and known as 
the “New England” of Central Florida.

investing-course

Mount Dora is the Antique Capital of Florida,
where the Renninger’s Twin Markets draws thousands
 to the Antique Mall and Flea Market,
along with downtown Art Shows, Craft Fairs,
Music Festivals, Theatre, Antique Shows,
Classic Wooden Boat Shows, Sailing Regattas 
and Holiday Lighting Ceremonies and Parades.  The Captain Doolittle Eco Tours and Mount Dora Trolley
 and the antique train leave right from the Inn for daily excursions.

You’ll be able to enjoy this romantic view.  The inn sits on Lake Dora.

investing-course

When you enroll, we’ll send details on how to book a room for the seminar at the exceptionally low rate of $129 a night.

There you have… along with all the benefits of quantum wealth… international investing and business you get Ecuador roses. You  can stay with your Valentine at the incredibly unique and romantic Lakeside Inn, plus we’ll host a Valentine’s party at our house.

There are three ways to attend our February tours.

Option #1: Come for the four day quantum wealth… international investing and business seminar.

Quantum Wealth Florida – International Investing & Internet Business Mt. Dora, Florida ($749) Couple $999

Option #2: Enjoy low Ecuador airfares and a Florida Ecuador split session. Come for the four day for quantum wealth… international investing and business. Then travel with us February 15 to Ecuador for one or up to four real estate tours.

Feb. 11-14  Mt Dora.

Feb. 15-16,  travel to and visit Quito.

Feb  17, travel to Manta.  Feb. 18-19,  Coastal Real Estate Tour.

Feb. 20,  travel to Cotacachi.  Feb. 21-22,  Imbabura Real Estate Tour.

Feb. 23-24,  Quito-Mindo Real Estate Tour.

Feb. 25 travel to Cuenca.

Feb. 26-27,  Cuenca Real Estate Tour.  Feb 29 end of tour.

Simply choose how many seminars and tours you’ll be on and enjoy the multi tour savings below.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Option #3. If you plan to attend six or more seminars and tours in 2010 save with an International Club membership.  See how to save here.

International investments and business can help your money grow and stop losing its purchasing power.

Previous course delegates have included business people, brokers and professionals, doctors, dentists, lawyers, retirees, couples wanting to get into international business together, agents and marketers who want to enhance their existing business or build a second sources of income through international investments and international business. Plus everyone wishes to improve their lifestyle… have better health and more ease in receiving income.

If you have or want to make international investments or have your own full or part time international business, you should contact us and make a reservation.

Your friend,

Gary Scott

P.S. One section in the Mt. Dora seminar shows how I turn a $950 direct mailing into $118,500 in three weeks. I added $9,875 a month to my income! This information is worth the cost of the course alone.